RNS Number:8701O
Ottoman Fund Limited (The)
02 January 2007


For Immediate Release                                             2 January 2007

                                The Ottoman Fund
                                  (the "Fund")

                              Holdings in Company

The Fund was notified by letter dated 19th December 2006 by GLG Partners LP that, 
following a recent sale of Ordinary Shares in the Company, GLG Partners LP have 
now decreased their stake to 32,242,000 Ordinary Shares, representing 
approximately 21.49% of the issued ordinary share capital of the Fund.


Contacts :                             
Development Capital Management         020 7355 7600
Roger Hornett
Tom Pridmore

Buchanan Communications                020 7466 5000
Charles Ryland
Isabel Podda




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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